Common Tactics Used By Scammers

The following are some of the more common persuasion tactics* used by investment scammers:

•  Friendship: Appearing to befriend the customer, so that the customer will trust and do favors for his
    or her new "friend."
•  Profiling: Asking seemingly benign questions - about your health, family, political views, hobbies
    or prior employers - to find your psychological hot buttons.
•  Fast talking: Bombarding you with a flurry of influence tactics, which can leave even the savviest
    person in a haze.
•  Source credibility: Trying to build credibility by claiming to be with a reputable firm, or to have
    a special credential or experience. "Believe me, as a senior vice president of XYZ Firm, I would never
    sell an investment that doesn't produce."
•  Social consensus: Leading you to believe that other savvy investors have already invested. "I know
    it's a lot of money but I'm in - and so is my mom and half of her church - and it's worth every dime."
•  Comparison: Comparing two amounts in order to make one of them look better. "This lists for
    $20,000 but I will give it to you for $15,000."
•  Commitment and consistency: Using the natural desire to be consistent by reminding a customer
    of an earlier commitment and showing the customer is being inconsistence with it.
•  Fear: Scaring the customer into accepting the offer, by creating an unattractive scenario if the
    customer doesn't comply, or by badgering or threatening the customer into agreement.

You are not defenseless to fight against investment fraud. Contact attorney Andre Perron today at 941-827-2228 to discuss your legal options to bring scammers to account and recover your financial losses.

*From information provided by saveandinvest.org